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variable interest rate

Where consumers receive interest on an investment or pay interest on a loan at a rate that may go up or down during the term. Opposite of fixed interest rate.

variable rate home loan

A home loan where payments increase or decrease in line with rises or falls in official cash rates. Opposite of fixed rate home loan.

vendor finance

Where the seller of a house or other asset, such as a car, offers to lend you money to buy the property or asset as part of the sale.

volatility

The rate at which the price of a security moves up and down.

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